the net tangible assets of the Company. The meeting resolved to approve the appointment of Absolute Advisory Co. ,Ltd to be the independent finance advisor of the Company to give opinions on the
which is the transaction of assets or service in middle size in value more than 0.03% but less than 3% of book value of tangible assets (the reviewed of the consolidated financial statement as at 30
transactions; (3) “Property” or “Asset” means tangible or intangible property which is owned by a person or business, which has a value and may be disposed of, distributed or transferred. Clause 3. In entering
transaction standards with risk profiles comparable to cash transactions; (3) implementing the Travel Rule by requiring ordering digital asset business operators to transmit transaction details and
value of 12.22 percent calculated based on the first calculation basis i.e. Net tangible assets criterion based on the Consolidated Financial Statements ending 31 March 2017. Information Memorandum on the
transaction value calculated by applying the first calculation basis, i.e. the Net Tangible Asset Basis, comparing with the net tangible assets of the group of Company. The details with respect to the first
Deduct Minority interest - - Net tangible assets (NTA) 604.68 (0.22) Plus Capital increase from ex-shareholder :At-Ze prior to share sale and purchase date* - 30.00 Net tangible assets (NTA)-adjusted
Intangible assets deduct 11.53 0.54 Deduct Total liabilities 315.37 157.34 Deduct Minority interest - - Net tangible assets (NTA) 604.68 (0.22) Plus Capital increase from ex-shareholder :At-Ze prior to share
of Assets. From calculation the transaction found that size of transaction according to Net Tangible Assets Basis is highest equivalent to 15.89%, which the scope of transaction type 2. The Company